March 8, 2012 - PRLog -- Cresa is pleased to announce that Managing Principal Tim Rikkers has been recognized as a CoStar Power Broker by CoStar Group , commercial real estate’s leading independent research firm. This annual award recognizes the “best of the best” in commercial real estate brokerage by spotlighting the U.S. firms and individual brokers who closed the highest transaction volume in commercial property sales or leases for the entire year of 2011 in their respective market.

As the largest professional research organization serving the commercial real estate industry, CoStar is uniquely positioned to identify the top firms and brokers in each market throughout the U.S. All awards are based on transaction data in CoStar's commercial real estate database, the largest, independently researched database of commercial real estate property information available online.

Rikkers qualified as one of the top commercial brokers in Office Leasing based on the total leasing transactions he closed during the year. In order to be selected for this honor, Rikkers was measured against commercial real estate brokers active in the region by CoStar Group and subsequently ranked among the top brokers in the market.

Among Rikkers’ significant transactions that closed in 2011 were Ale Asylum, Shopbop, and Lucigen.

“CoStar Group is very proud to recognize the select few commercial real estate brokerage firms and brokers who performed at the industry’s highest level and achieved remarkable sales and leasing success in 2011,” said CoStar Group Founder and CEO Andrew C. Florance. “These top performers truly represent the best of the best in commercial real estate, and they deserve to be recognized for their proven deal-making abilities. We congratulate Tim Rikkers on his impressive professional accomplishment.”

About CoStar Group, Inc.CoStar Group is commercial real estate's leading provider of information and analytic services. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. Headquartered in Washington, DC, CoStar maintains offices throughout the U.S. and in Europe with a staff of approximately 1,500 worldwide, including the industry's largest professional research organization. For more information, visit http://www.costar.com.

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Cresa is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Strategic Planning, Workforce and Location Planning, Subleases and Dispositions, Portfolio / Lease Administration, Capital Markets, Sustainability, Industrial / Supply Chain and Facilities Management. With more than 55 offices, Cresa is the largest tenant representation firm in North America. Through its partnership with Savills, one of the world’s largest commercial real estate services firms, Cresa covers more than 255 locations in 40 countries. For more information, visit http://www.cresa.com.